Tax season can be a stressful time for everyone. They worry that they are not going to be able to get the taxes filed on time or that there will be some other issue that makes it all...
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
Young families can keep their tax bills low by following some significant measures. Our list will help them to save for college, benefit from their flex account, and through many other...
Posted by Patrick O'Hara, EA on 02/01/2016
At Coastal Business Services, we understand that tax season is not something that most taxpayers look forward to. While many may put some money back from each paycheck to help them...
It’s that time again. Tax season is just around the corner, and some have already gotten started on the process. When it comes to working on your taxes, it can seem overwhelming....
For many small businesses, sales tax may be a part of life, especially if your business includes end user or ultimate consumer sales. If your business includes the sales of tangible...
Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
The COVID-19 pandemic is complicating several people's efforts to file their 2020 taxes ahead of schedule, but the good news is that the Internal Revenue Service (IRS) has been...